Short Take: Banyan meets Street

Banyan Systems, a provider of advanced network solutions from the enterprise to the Web, posted third-quarter earnings that met Wall Street expectations. The company reported net income of $681,000, or 3 cents per share, as expected according to First Call's consensus of analysts. The company reported net income of $769,000, or 4 cents per share, for the year ago quarter.

Jan. 2, 2002 4:43 p.m. PT

, a provider of advanced network solutions from the enterprise to the Web, posted third-quarter earnings that met Wall Street expectations. The company reported net income of $681,000, or 3 cents per share, as expected according to First Call's consensus of analysts. The company reported net income of $769,000, or 4 cents per share, for the year ago quarter.